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reason for that wall street trouble, the so called fiscal cliff approaching this morning. john boehner says he and republicans are willing to work with president obama and democrats to reach a deal to avoid sweeping cuts and tack hikes. boehner warns that a deal won't come easily. >> we won't solve the problem of our fiscal imbalance overnight and certainly won't do it in a lame-duck session of congress and it won't be solved by taking a plunge off the fiscal cliff. what we can do is avert the cliff in a manner that serves as a down payment on and a catalyst for major solutions enacted in 2013 to begin to solve the problem. >> speaker boehner says the deal could include new tax revenue to help reduce the national debt. >>> new this morning, we've learned president obama will be making a ground breaking trip in two weeks. an official from the southeast asian country of myanmar says the president will visit on either november 18th or 19th. it will be the first ever visit to that country by a u.s. president. the obama administration is trying to encourage democracy in that country. the pr
. john boehner making comments that they also want to work together. but, again, this is the choice that we have been talking about over the last several months. spending cuts, tax increases. >> we should mention that we're also more renewed fears in europe, the greek debt crisis rearing its ugly head. >> absolutely. it's clear that greece cannot pay its bills. now we're thinking, okay, this is another pressure for the u.s. economy. so we're all waiting on some kind of compromise out of washington as well as some stability in europe. but for sure, we'll probably see some volatility going forward. doesn't really mean much, though, long-term. >> i was going to say, let's get some perspective. there was a huge drop after the president's election four years ago. but over the last four years, wall street has been up. >> that's right. over the long-term, you have to look at fundamentals. and the corporate sector right now is very strong. a lot of cash on the balance sheets, longer term earnings should be okay. but over the near term, expect some choppiness. >> maria, thank you. and i know
. it's good for america to see this. john boehner coming out today. harry reid as well. boehner said, we can't keep setting the bar that low. it is time we raise the bar. i loved what he said about we are ready to be led not as democrats or republicans, but as americans, not as a liberal or conservative, but as the president of the united states. >> that's the quote mark alluded to. you hope in light -- dual messages last night. the country overwhelmingly elected barack obama back to office. more democrats in the senate and the house. on the other side. popular vote very close. obama, up by 3 million votes. very close race. that was a message, not a mandate. so there is a middle ground that you hope they both seek out. because the electorate did send dual messages last night. >> one headline, the divided states of america. it is a little divided. we need some healing, neosporin and a band-aid. >>> yeah. asian stocks tumbled overnight after a steep drop on wall street. global investors are nervous about new forecasts that show slow slow economic growth in europe well into next year. b
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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